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Street-Level Retail at Heritage Square
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400 S Heritage Way, Andover, KS 67002

Street-level commercial space offered within Heritage Square, alongside 186 apartments in a planned lifestyle development.

Space Size3,100 SF
Lot Size103.00 Acres
Days on Market613

Property Features for 400 S Heritage Way

General Information

Standard status Active
Size 3,100 SF
Lot size 103.00 Acres
Property subtype RETAIL

Site & Location

Traffic Count 48,500 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 186

Amenities

walking paths
bike trails
town square

Spaces For Lease

at 400 S Heritage Way Contact us

Heritage Square

Size
3,100 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE
Located in Andover, KS - the most affluent suburb of Wichita. Active lifestyle development...
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Listing Agency: Street Commercial
Listed By: Kurt Yowell
Source: Moodyscre
Added: Jan 7, 2025 Changed: Aug 8 Last Checked: Sep 12 at 10:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Street Commercial

Investment Insights

Based on property information with market context.

Located at 400 S Heritage Way in Andover, KS, Heritage Square pairs 186 resort-style apartments with approximately 42,000 square feet of street-level commercial space.

The development is described as an active lifestyle environment, with walking paths, bike trails, and a town square. The broader Heritage Square area is identified as 103 +/- acres, supporting a built-in residential base for nearby retail uses.

For access and visibility, public remarks cite daily traffic of 48,500 vehicles per day at US 400 / Hwy 54 (Kellogg) and Andover Road, along with a traffic signal at Kellogg/Yorktown Parkway. This combination of street-level retail frontage within a large planned community and strong surrounding traffic can support a range of neighborhood-serving concepts for tenants seeking consistent local demand.

Key Highlights

  • Development area totals 103 +/- acres in Andover, KS (Wichita suburb).
  • Daily traffic counts of 48,500 vehicles per day at US 400 / Hwy 54 (Kellogg and Andover Road).
  • Traffic signal located at Kellogg / Yorktown Parkway.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

186
Residential units
48,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 67002, KS

16,518
Population
6,006
Households
2.8
Avg Household Size
35
Median Age
50%
College-Educated
97%
High-School Grad
37.5 sq mi
ZIP Area
440
Density / Sq Mi
$105,625
Median Household Income
$53,432
Median Earnings
$1,492
Median Rent
$272,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Street-level commercial space offered within Heritage Square, alongside 186 apartments in a planned lifestyle development.
Where is this apartment building located?
The property is located at 400 S Heritage Way Andover, KS.
What are key features of this property?
This property features: Development area totals 103 +/- acres in Andover, KS (Wichita suburb).; Daily traffic counts of 48,500 vehicles per day at US 400 / Hwy 54 (Kellogg and Andover Road).; Traffic signal located at Kellogg / Yorktown Parkway.
(316) 734-1139 Call to check price and availability
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